I sure don't know enough about all this yet. But if everything is going to remain untraceable I don't know how will it ever get to be secure with all the crooks in this world. I just did a transfer and it's taking an hour just to show up in the next account. Not the greatest feeling knowing all I can do is hope for the best.

Trust has to be earned - in business you often do not have the time of trustmanagement with consumers.That's another reason for promoting Bitcoin as there can be avoided to trust the juridical widely protected consumers.Also central authorities are not to be trusted as most of the time they cannot be held truly and directly responsible like you could a natural person.

I prefer to keep most of my BTC in an encrypted wallet on my computer, and keep a small amount in an online wallet just for the convenience. That way if the online wallet service gets compromised I only lose a few BTC.

On passwords, another alternative for me has been to use lyrics from obscure songs I know (ie. not pop, and not released the last 20 years!), with capitalization/punctuation (and avoiding the chorus) that usually takes me past 25 words long. Sometimes I'll add the year at the end just for some numbers (not sure if that matters though at this length). I figure it will never be bruteforced or guessed.

I'm glad I found this place before I started using bitcoin (i've been lurking for a while), otherwise I could've ended up in a heap of trouble. The closest run-in I ever had to an oopsie was during the bitfloor fiasco. Thankfully I only had some USD on there but it made me realize how essential it is to be careful.

ya, like is the lack of trust why we have to post in the newbie section before we can reply to the thread that lead us to the sight? Wow, it took me 3 months to figure that one out. But this seems to be that place to be to hook up with fellow bitcoiners!

ok, just in case someone is drunk and generous: 1FRjxySb17EZMtjXrzrEXta2QqjBpcjSt4